Latest / The Action Catalyst / Your Best Life Forward, with Dr. Amy D'Aprix (Finances, Change Management, Family, Business)
Transcript
- 0:01Adam Outland: Today's guest is Dr Amy D'Aprix, president and
- 0:16founder of LifeBridge Strategies, a partnership with
- 0:34the Southwestern Family of Companies. An internationally
- 0:45renowned expert on lifestyle issues related to retirement,
- 0:55aging, caregiving and family dynamics, Dr Amy, as she's
- 0:59affectionately known, has provided guidance on life
- 1:02transitions to individuals, professionals and organizations
- 1:05for over 30 years. Amy, it's a pleasure to have you with us.
- 1:09One of the things we love asking our guests about on our podcast
- 1:13is a little bit of their history and their path that helped them
- 1:16arrive where they are today. Most people in their teenage
- 1:19years weren't necessarily dreaming about the profession
- 1:21they made as an adult. In fact, they've gone through a lot of
- 1:24change and transformation in that period. But what did you
- 1:28start off being motivated towards as a young woman, and
- 1:31then how did that evolve?
- 1:33Dr. Amy D'Aprix: I love that question. Adam. I get asked a
- 1:35lot about, how did you get where to where you are? It's a
- 1:37circuitous path, which I think it is for many people in their
- 1:41careers, and certainly for entrepreneurs, my background is
- 1:44social work. So I have a bachelor's, a master's and a PhD
- 1:48in social work. And my original thought was I was just going to
- 1:52work with older adults and their families, you know, to help them
- 1:56have better lives. And I did that. I did some of that. Early
- 1:59on, doors opened, and I walked through those doors, and I
- 2:03didn't even know those doors existed at one point, you know,
- 2:06and then you walk through and you have an opportunity, and you
- 2:09find another opportunity in the future. So where that all led me
- 2:14was after I did work, I actually worked as a home care social
- 2:18worker and worked with families who's had a family member with
- 2:22dementia, did a lot of work in policy, and then I ended up
- 2:26teaching at University for 13 years. I worked at university,
- 2:32both teaching social work graduate students and doing
- 2:35training around North Carolina on issues related both to aging
- 2:40and on the other end, to young families. And I was doing my
- 2:44doctorate at the time, and during that time, I thought, I'm
- 2:48not really cut out to be an academic. I love being in the
- 2:52classroom, but I'm not a researcher. I love reading
- 2:55research, and I really had one of those kind of existential
- 2:59crises about, Do I finish this doctorate, which I'm halfway
- 3:03through and have invested a lot of life energy and money into,
- 3:07or do I just stop it? And I felt like I should finish it, even
- 3:10though I didn't think I was going to use it the way I
- 3:12originally thought. At that point, I got an opportunity to
- 3:16do speaking and to work for a company that offers a
- 3:20designation for business people around aging. That was like an
- 3:24intro to aging class. Certified senior advisor is the
- 3:27designation, and I started teaching for them all over the
- 3:31United States. That program got brought to Canada, and one of
- 3:35the big banks in Canada brought that internal and put all their
- 3:39advisors and their vice president through it, and they
- 3:43got to know me that way because I taught several hours in this
- 3:46three day program, and they asked me if I would come up on a
- 3:50work permit to Canada and help them figure out what to do for
- 3:55their clients on the non financial side of retirement, I
- 3:58did that in 2008 came up for a year and then ended up staying
- 4:03and we developed all sorts of training workshop for the
- 4:07clients around life transitions. And that's really my love. Adam
- 4:11is helping people. How do they get through a life transition?
- 4:14And, you know, I say that's the stages, changes and events we go
- 4:17through in our life, retirement, estate planning, caregiving, we
- 4:21developed one to help women have a better relationship with
- 4:24money, and suddenly I was completely immersed in financial
- 4:27services. What was interesting is I find financial services
- 4:31gave me a platform to do work that I hadn't had an opportunity
- 4:35to do, and it was so exciting getting to have these
- 4:37conversations with people and help them through these
- 4:40transitions that just snowballed.
- 4:43Adam Outland: Well that's an amazing story. What do you feel
- 4:44are some of the skills that you may have developed all the way
- 4:48back when you started doing social work that stuck with you?
- 4:51Dr. Amy D'Aprix: Empathy is the first word that comes to my
- 4:53mind, you know, and I say, you know, when we think about
- 4:57empathy, I think we all have some idea of what that. Means,
- 5:00but, you know, but stepping into other people's shoes, I say
- 5:03empathy is really about saying to someone, I see you, I hear
- 5:08you, I understand you, and conveying that. And a lot of
- 5:12people feel empathy, but struggle conveying it. So that
- 5:16became something I took from my early work. I also think a lot
- 5:20of the love of helping families, because I have a real I, you
- 5:24know, we live in family, whatever we call family. It
- 5:27could be family of choice. It could be our biological family,
- 5:30whatever it is. How do we strengthen families as they go
- 5:34through these transitions and help them have a better time?
- 5:38Because in key transitions like caregiving and when the estate,
- 5:42when the estate is settled, these are two key points,
- 5:44families often blow up, and I believe it's mainly preventable
- 5:48if people only have what I call essential conversations and
- 5:53learn how to work together better.
- 5:54Adam Outland: 100%. I mean, empathy has been, kind of a
- 5:57fundamental trait in general to be successful, I think in
- 6:00business in any format, right?
- 6:02Dr. Amy D'Aprix: Yeah, it really is. And I think we all crave it,
- 6:05right? We want to be seen and heard and understood, and we
- 6:08don't often get it a lot in our day to day lives. So those of us
- 6:12who learn how to do it and business people who get good at
- 6:16it tend to be more successful.
- 6:18Adam Outland: When you started the prior business that you've
- 6:21built up until this point, it was called Life Transitions,
- 6:24correct?
- 6:24Dr. Amy D'Aprix: Yes.
- 6:25Adam Outland: There's always inherent risk when you start a
- 6:29company, and so a lot of people risk averse to doing that. What
- 6:32compelled you to start something for yourself?
- 6:36Dr. Amy D'Aprix: Yeah, I think I've always been pretty
- 6:38entrepreneurial. In the time I was doing social work, a lot of
- 6:42times I also had a little side gig doing sales and something.
- 6:45This is a very weird combination, right? So I always
- 6:48felt a little who am I? Am I the social worker or the sales
- 6:51person for decades, probably at least for the first couple
- 6:54decades of my career, I felt a little out of step with people
- 6:58who just sort of seemed to know this was his Lear path, and they
- 7:01got a job. And so I, when I was working for the company that
- 7:05offered the designation CSA, I started to move out on my own,
- 7:09and I was an independent and a solo preneur at that point. So
- 7:14from the time I became a solopreneur, I had no net,
- 7:17right? Those of us who do these things often don't have been
- 7:20met. And I think you have to have a certain makeup to do
- 7:24this, you know, I if you look at most people, as you said, Adam,
- 7:28are pretty risk aversive. They want the security. And when we
- 7:32talk about being an entrepreneur, we often don't
- 7:34have external security. So we have to find that somewhere in
- 7:38ourselves that we're okay. And I think I just always felt that if
- 7:43everything fell apart, I could always go get a job, but that I
- 7:47wasn't really cut out at it. And I I want to tell you a funny
- 7:49story, because I'm now at an age a lot of my friends are starting
- 7:53to retire and from jobs with pensions, you know. And those of
- 7:56us who are entrepreneurs don't usually have a pension, so one
- 7:59of my friends and I will sometimes say, why didn't we
- 8:02just take a job and stick with it for 30 years, like other
- 8:05people do? But that's not if you're an entrepreneur, it's not
- 8:08in your makeup. You know, one of the things I think I would have
- 8:11done if I had a job was I might have met a guidance counselor,
- 8:13like my dad. And what I joke is, I would have met a guidance
- 8:17counselor, but then I would have thought I could run the
- 8:19department, so I would have then gone and become the head of the
- 8:22department. Then I would have thought that there are a lot of
- 8:24things in this school that need fixing. And next thing you know,
- 8:27I would have tried to move on. So, you know, you have to know
- 8:30who you are as an entrepreneur. So I think I took the risk just
- 8:34because inherently I felt secure enough there would always be a
- 8:37Plan B I could operate with Plan B, and I kind of kept that in
- 8:42the background. And there were times it was really scary. I've
- 8:45gone through those times.
- 8:46Adam Outland: Yeah. Give our audience context for this
- 8:49business in particular, LifeBridge Strategies, that
- 8:51partnership with Southwestern Family of Companies, what is the
- 8:54problem that you're specifically addressing?
- 8:58Dr. Amy D'Aprix: Well, so as I was doing the speaking
- 9:01engagements for clients. What I realized was the advisors needed
- 9:05help in having conversations about these topics, so I
- 9:08developed some workshops for the advisors that were quite
- 9:12successful, but what they would say to me after the workshop is
- 9:16okay, so how do I say that to my client? And I realized they
- 9:20needed coaching around the conversations and how to do it.
- 9:23So I started our first product, which is trusted advisor of
- 9:28choice. And trusted advisor of choice is for advisors to we
- 9:34call it a practice Elevation Program instead of a training
- 9:36program, because it's it's really about working with
- 9:39advisors who want to take their practice to the next level. It's
- 9:43framed around life transitions, so again, the stages changes and
- 9:46events that people go through. And it's a modularized program
- 9:51with videos on the topics such as retirement, estate planning,
- 9:56caregiving, how to improve your practice with women, how to work
- 9:59with old. Adults, referrals, those kind of things. And in
- 10:03each module, besides the videos, we have some client facing
- 10:07tools. We have some advisor resources. And each mod for each
- 10:11module, there is coaching, available, group coaching, and
- 10:15Adam, we launched that during the pandemic. And I was very
- 10:19fortunate, because initially, the pushback I got was, advisors
- 10:23are not going to want to do training online. They had no
- 10:26other choice of ways to do it, and so we launched trusted
- 10:30advisor choice to fill the gap to meet the need of, how do you
- 10:34deepen your relationships with clients by better understanding
- 10:38their life and tying life and money together. And one of the
- 10:41things I say is that life and money go hand in hand. And what
- 10:45we teach in that program for the advisors is how to go where the
- 10:49client is, which is on the practical, emotional and family
- 10:54aspects of their life, express empathy. And then segue back to
- 10:59the business conversation. It's that we've actually trademarked
- 11:02this process now because it's been so successful, and it's
- 11:06called Lyra, and it's about going to the client, but coming
- 11:09back. And what's great about it is then the advisor always feels
- 11:13in control of the conversation, because they know they can segue
- 11:17back and forth between the life conversation and the money
- 11:19conversation, which is key. So that was the big need we were
- 11:23filling with that, which was, you know, how do you deepen your
- 11:27relationships with clients, by understanding them better,
- 11:30expressing empathy better, and tying that to the business. From
- 11:34that, we developed life map, and that's for clients, but the only
- 11:38place they can get it is from their advisor, Adam. What that
- 11:42is, are really robust resources for clients on these
- 11:45transitions. And again, it's about strengthening the advisor
- 11:49client relationship, because what we found with trusted
- 11:53advisor of choice is advisors would say, Great, I'm
- 11:55comfortable having these conversations, and now clients
- 11:58are sharing things about their life, and I don't have any
- 12:01resources for them on the life side. I only have resources on
- 12:04the financial side, and so it's like opening a wound without a
- 12:07bandage. So we created this program that has, again, robust
- 12:14resources for clients from professionals who are top in
- 12:17their fields, and the only way they can get it is from the
- 12:20advisor. So it again deepens that relationship.
- 12:23Adam Outland: You know, I hear the empathy come up, but it was
- 12:25really in the questions that you guide them to ask or not ask,
- 12:31curiosity and asking great questions. Is there a specific
- 12:36common question that you either guide in your trainings advisors
- 12:41to ask or not ask, that come to mind right now, just as an
- 12:44example?
- 12:45Dr. Amy D'Aprix: Sure, well, and I've got to speak to the
- 12:46curiosity, because that is actually one of the things I
- 12:49say, is that you have to go into these conversations with
- 12:53curiosity, and you have to listen at what I call level
- 12:56three, which is listening for what's not being said. So, you
- 13:00know, level one is listening to reply, and we think, we don't do
- 13:04it. We all do it, and it's actually an occupational hazard,
- 13:08because we want to add value. So we're listening to add value.
- 13:11And then level two is listening to the content, which obviously
- 13:14is better. You know, you have to be present do all that. But
- 13:17level three is about going somewhere beyond that, and it's
- 13:21about listening to what's not being said, to what what the
- 13:26person feels about what they're sharing with you. And you know,
- 13:30I often share a story around this that I sat in on an
- 13:33advisors training who was a really good advisor, and she
- 13:37knew this client really well. And the client was a 72 year old
- 13:42woman retired, didn't bring her husband. She was a physician,
- 13:45but the advisor knew the client, and they had nice conversations.
- 13:48We went through a portfolio review, she went through some
- 13:51planning, and then at the end, right as the advisor is kind of
- 13:56wrapping up the meeting, and the client says, I'm going to Italy
- 14:00to see my mother. And the advisor responds at level two
- 14:05and says, which, again, is to the content. And says, Great,
- 14:08have a wonderful time. Let's connect. When you get back, and
- 14:13I'm thinking to myself, this client 72 her mother has to be
- 14:16quite old. And the client did not look enthused. She looked
- 14:21upset, you know, and so I said to the client, How's your mom
- 14:24doing? And she said, she's not doing well. She has dementia.
- 14:29I'm not sure she'll recognize me, and I'm guessing this may be
- 14:33the last time I see her. And I said, I am so sorry. I can't
- 14:36imagine how hard this trip is. She said, it's very, very hard.
- 14:41So in that moment, I made the connection that deepen, not the
- 14:45advisor, because they didn't switch to level three. She had
- 14:47left the room and wanted to move things on, so that and the
- 14:52curiosity factor helps you get to where you are. And then you
- 14:56said, Is there specific questions? This is one I. Have
- 15:00advisors. Ask advisors often say, Tell me about your family.
- 15:04Instead, I ask them to say, tell me about the people that you
- 15:09want to take care of. When we look at financial planning or
- 15:12estate planning, now you may say, Well, what's the
- 15:15difference? Well, the difference is they may have people who are
- 15:18not in their immediate family who they're taking care of that
- 15:22you'll never know about unless you say something. They may have
- 15:25a niece. They may have somebody outside the family. And what you
- 15:29want to do by asking these kind of questions is create context.
- 15:33The person knows exactly what you're looking for when you ask
- 15:36a question like that, tell me about your family is you know,
- 15:39what do you want to know about? So asking questions with context
- 15:43is a key thing to do. And with advisors, I try to get them
- 15:47instead of saying, So, what are you going to do in your
- 15:49retirement, asking specific things like, So, what are the
- 15:53three most important things to you that you're going to do in
- 15:55your retirement? And I had one advisor tell me he shifted to
- 15:59that question, and one of his clients said, wow, I've not
- 16:03thought about that. I've got two things I've been thinking about,
- 16:07we're going to travel, and this client was a big golfer, I'm
- 16:10going to golf, but when you ask me about the third, I realize
- 16:14that my wife and I need to have different conversations. Those
- 16:17two things aren't going to be enough for me to do. And they
- 16:19ended up getting to this conversation about how so many
- 16:22people struggle in retirement because they don't have purpose.
- 16:25And the client came back and said that question for him was a
- 16:29game changer. So it seems like such a little thing, but
- 16:32specificity in questions and creating contexts makes a huge
- 16:36difference.
- 16:37Adam Outland: Also not telling people that you can imagine
- 16:40things that they're going through, but instead telling
- 16:43them that you can't imagine things they're going through.
- 16:47You know, people aren't feeling good that you're sitting with,
- 16:51but you want to relate and say, Oh man, I can imagine that must
- 16:53be really hard, when maybe what they prefer to hear, and what's
- 16:57probably reality, is to say, I can't imagine, I cannot imagine
- 17:00how tough that must be.
- 17:02Dr. Amy D'Aprix: And you know, one of my favorite takeaways on
- 17:04empathy is you can say to somebody, if they cut you off
- 17:07guard, I'm so sorry that you're having to deal with this. And,
- 17:11you know, I don't even know what to say right now, except I'm so
- 17:13sorry that is a great thing to say instead of trying to say
- 17:17something profound. Or, you know, I think that again, if we
- 17:20think about being present and wanting to convey to somebody
- 17:25that you see and hear them, and it's hard when we get hit in a
- 17:29going to be business or personal with something pretty
- 17:32significant somebody's going through. It's a skill that we
- 17:35all need to practice. You know, I always joke. Some people
- 17:38think, of course, I must be great in empathy, because I
- 17:41teach it. And I used to joke when my daughter was a teenager,
- 17:44don't ask my daughter, she had a different perspective on that.
- 17:48Adam Outland: But in, you know, in reality, that's, it's, it's
- 17:51really important training. And I often, you know, as a consultant
- 17:55with that training and background that I have, have
- 17:57often thought that people often misconstrue consultancy or sales
- 18:02as being very scripted. And I often reflect on the fact that
- 18:06it's actually what we're all very scripted. I mean, we all
- 18:08have our response mechanisms to introductions. It's Hi, how are
- 18:12you? I'm good. How are you? It's just what we say, and you don't
- 18:15even realize it. Do you go to a different country? Like if you
- 18:17go to Germany and you ask someone walking down the street,
- 18:19Hi, how are you doing? It's so weird to ask that question to a
- 18:22German that they'll look at you and they'll tell you exactly how
- 18:25they're doing and it's not well. So I always think that, you
- 18:28know, good, effective sales training and script building
- 18:32helps us build more effective language to truly be impactful
- 18:36in life, versus we grew up with, which is most likely not the
- 18:39best script.
- 18:40Dr. Amy D'Aprix: Yeah, I agree with you on that. You know, very
- 18:42few of us grew up in homes where we where we heard warm, empathic
- 18:46responses to things, and it wasn't because they weren't
- 18:48loving people. It was just a different time, right? And a
- 18:51different approach to parenting.
- 18:53Adam Outland: That's right, yeah, that's such a good point.
- 18:56What's the vision where you want to take Lifebridge into the
- 18:59future, and what's your hope in terms of impact?
- 19:03Dr. Amy D'Aprix: I always want to have a huge impact. So I'll
- 19:05start with that. I'm here in at this time, in the world, at this
- 19:09time, to do what I can to make people's lives easier and to
- 19:13help people have better quality of lives and more peace of mind.
- 19:17So that's that's the impetus for what drives everything I do. We
- 19:22have two offerings right now, the trusted advisor, choice for
- 19:25the advisors, life map for the client. And the goal there,
- 19:28again, is to help clients, really all of it is to help
- 19:32clients have better quality of life as they go through
- 19:35transitions. So our goal is to work with advisors all over
- 19:39North America and beyond to help them have again practices that
- 19:43are, you know, the other word I like to use is more fun. It's
- 19:46more fun to do business this way than it is to not really know
- 19:51your clients. So help advisors have more effective businesses
- 19:55and help their clients get through life more easily. That's
- 19:58our vision. We want. Take it, you know, as big as we can to do
- 20:02that, and then behind that, Adam, we have another offering
- 20:05that I'll just tease, which is called Essential conversations.
- 20:08And I'm excited to really get life map and trusted advisor out
- 20:13there, so I can start getting essential conversations out to
- 20:16Adam Outland: I love that. But in any part of the population
- 20:16the world.
- 20:19where you can focus on, you know, just instilling curiosity
- 20:23at a different level is helping everyone. Because we could all
- 20:26benefit from being better students and learning how to
- 20:29listen first and ask better questions instead of coming in.
- 20:33We have a kind of a crude expression that you be in their
- 20:36industry often shows up and throws up all over their
- 20:41thinking they have all the things and the magic sauce
- 20:43that'll help. But while we are driven by adding value, usually
- 20:47greatest value can add is understanding.
- 20:50Dr. Amy D'Aprix: And I think it all comes down to authenticity,
- 20:52right? If we can just bring our authentic selves in. And when
- 20:56we're nervous, we're not as good at it, and when we're, you know,
- 20:58feeling pressure in our businesses, it can be sometimes
- 21:01hard to do that, but that authenticity and true caring for
- 21:05those people that we're interacting with that comes
- 21:08through and people want to work with people who care about them.
- 21:11Adam Outland: 100%. One of the kind of lightning round
- 21:13questions I always love asking; pieces of technology, is there
- 21:18an app or something that you found useful or constructive in
- 21:22your practice, business with advisors?
- 21:25Dr. Amy D'Aprix: Well, I have to tell you the thing I'm I've been
- 21:27drawn to AI, and I'm not using it a lot, but I'm using quad or
- 21:33cloud, depending on how you say it. And I'll tell you how I use
- 21:36it, because for me, this is making a huge difference in
- 21:39speed of getting things done, but also in creating more depth.
- 21:44So I act like Claude is my graduate assistant, and so I ask
- 21:50Claude questions that come back with, you know? So I'll give you
- 21:55an example. We create these client facing tools that are
- 21:59around life issues. So now, after we do that, I go to Claude
- 22:03and ask a question about that topic area and see what comes
- 22:08out from AI that we might have missed. And what we've done on a
- 22:12couple of the tools is is really deepen and improve them based on
- 22:15those responses. And so sometimes I use Claude to
- 22:19generate an I, you know, as I'm thinking about an idea and
- 22:23thinking, Where should I take that? And sometimes I use it,
- 22:26and on the other end to say, how did we do but it is like having
- 22:30a graduate assistant in who does this in three seconds. So I'm
- 22:35only using AI like, a teeny little bit, but I'm amazed how
- 22:39much it's shifting how I do my work in a really positive way.
- 22:43Adam Outland: Yeah, but it's pretty amazing how it's going.
- 22:46Dr. Amy D'Aprix: It IS amazing. And I know we have lots of
- 22:49concerns about where it's going, but I'm pretty excited about
- 22:53what it's doing for me and my business.
- 22:56Adam Outland: I love that. And what's something that you've
- 22:58learned here in the last couple of years through your work
- 23:03directly with the advisors or the client that you didn't know
- 23:06before. Like, what's I mean, we're always learning, but is
- 23:08there something that's that light bulb moment that over the
- 23:11last few years that's really come to you through these
- 23:13conversations and discussions that you that you have so often?
- 23:17Dr. Amy D'Aprix: I think that one of the things that surprised
- 23:20me with the advisors, that I learned was how many of them
- 23:25struggled to make that connection, because they were
- 23:29afraid of being intrusive in clients lives, and so that was
- 23:34an interesting thing that we had to work through about, you know,
- 23:37because curiosity, you know, you think about, They're sitting
- 23:40with someone. They're talking about deep life issues. It's
- 23:43like, how far can I take that conversation before I'm being
- 23:46intrusive? And so I was surprised by that. That was
- 23:49something that was kind of a surprise. And also with the
- 23:52advisors, how open they were to adding the things that I talk
- 23:57about into their practice. You know, the people I work with
- 24:00want those relationships with clients, because you do better
- 24:04work. And I think on the client side, you know, a lot of the
- 24:07people I work with are financially well off because
- 24:11they've got financial advisors. And one of the takeaways is that
- 24:15we all, we all are struggling with the same things. It doesn't
- 24:19matter what are income level you know, if I ever thought money
- 24:23solved problems, I let that belief go when I started working
- 24:27with ultra high net worth clients. You know, more money,
- 24:31more problems, sometimes with your if you haven't done the
- 24:35work about yourself and your family and you're not grounded.
- 24:39So those things that we do to ground ourselves, to learn, to
- 24:43grow, the things we do to cement things in our families, they
- 24:46matter and matter no matter what income level you're at.
- 24:50Adam Outland: There's an organization you might be
- 24:52familiar with called Tiger, 21 people who come together peer to
- 24:55peer, advisory to some degree, where they have a certain amount
- 24:58of liquid well. Wealth that presents, within itself its own
- 25:01challenge. And, you know, some people listening to this might
- 25:05be a challenge I'd like to have, right, but you know, in
- 25:08conversations with a couple of their chapter leaders, what,
- 25:11what I've found is that, yeah, one of the big challenges they
- 25:14face because of wealth is the is the secession planning
- 25:17component. Oh, yes, you know, giving your wealth to your
- 25:20child. If you don't do it and you have it, it can screw up the
- 25:24relationship. And if you do do it and you have it, then it can
- 25:27screw up the teenager or whoever is about to have it, if you
- 25:30don't construct it in the right way. And there's very personal
- 25:33things, even as a consultant, working with business leaders of
- 25:37companies, when you come to the business being passed the next
- 25:40generation, yes, that they're, they're incredibly challenged by
- 25:43and it's often not the structure as much as it is the emotional
- 25:47implications of the relationships itself.
- 25:49Dr. Amy D'Aprix: Everything you said, I concur with. I get to
- 25:52work with business owners sometimes. And you know, it's,
- 25:55it's like having a baby that you're, you're thinking, how do
- 25:58I, how do I pop past this baby to someone else, or or, and one
- 26:01of the issue with business owners that surprised me was
- 26:05they often give absolutely no thought to this, and they say,
- 26:08I'm just going to work forever. And the problem with that is, at
- 26:12some point they're not going to be able to work in that
- 26:15business. Something hits them now or because they pass on, and
- 26:18they have to, you know, and a lot of people haven't done very
- 26:22good planning. And I think that's another takeaway I had,
- 26:25is I've been working with or on behalf of older adults and their
- 26:28families for about 40 years now. And I think one of my big
- 26:32surprises is, or big takeaways is, people don't do very good
- 26:35life planning for that last third of their life. We do it
- 26:38well for earlier than the last third. So that's one of my real
- 26:42passions, is helping people do that planning so they have
- 26:45choice, control and independence and have the best quality of
- 26:48life possible. So that was a huge thing when I started
- 26:51working. You know, again, doesn't matter what income level
- 26:54you're at. People often don't think about those things.
- 26:58Adam Outland: Yeah, being intentional with your life at
- 27:00every stage.
- 27:01Dr. Amy D'Aprix: Yes, at every stage. And we're, you know,
- 27:03we've done a better job early, and then we sort of get people
- 27:07say, Oh, I'm going to retire. And they sort of see that as one
- 27:10long stage. But it's actually many chapters within that to
- 27:13continue to have passion about your life forever. In order to
- 27:16do that, we have to be intentional.
- 27:18Adam Outland: Well, you've just made me decide to alter the
- 27:21final question. I always end with asking our guests to give
- 27:26what advice they might give to their 20 year old self. But I
- 27:30mentioned a different question. Okay, what advice would you like
- 27:34your 100 year old self to be able to tell you now?
- 27:38Dr. Amy D'Aprix: Oh, I love that. That's a great question.
- 27:41When I think about that, I think about what I would hope because
- 27:45I'm 62 so it's almost 40 years to continue to plan your life,
- 27:49to continue to stay engaged and continue to make sure you have
- 27:53purpose and connection for the next 40 years, because that's
- 27:56what's going to get you through.
- 27:59Adam Outland: Well said. Thank you so much for giving us your
- 28:02time, Dr. Amy.
- 28:03Dr. Amy D'Aprix: I appreciate it. Thank you.